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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit
Bullboard Posts
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(2)
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Post by VerusSemperSorson Nov 11, 2015 11:42am
134 Views
Post# 24281125

RBC Global Asset Management Inc. sold -1,869,700 shares

RBC Global Asset Management Inc. sold -1,869,700 shares (as per Morningstar) Otherwise there would have been modest increases in fund & institutional ownership. But RBC Global Asset Management Inc. selling was huge - close to 5% of outstanding shares, over forty full days trading at average trading volumes. Is RBC Global Asset Management Inc. selling pushing the SP down? It sure seems that way! So why is RBC Global Asset Management Inc. selling? Is their selling related to NIF's or their own circumstances?
Bullboard Posts
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